GFH Financial group acquires medical offices in the US worth $200 mn
This deal increases the value of the company’s healthcare portfolio to $400...
Islamic Banking
Islamic banks to boost Malaysia’s growth: S&P Global
Islamic banking could easily double loan growth at 10 to 12 percent...
Zurich Capital Funds Group launches new Islamic digital bank
The digital platform is planned in order to provide all banking services...
Dubai Islamic Bank agrees to increase foreign ownership limit to 40%
Currently the foreign ownership limit in the bank is 25%...
ADIB launches digital forex platform for better foreign exchange rates
The digital forex platform is an extension of ADIB Direct, an integrated...
Philippines seeks partnership with Qatar on Islamic banking development
The partnership will help broaden the scope for new Islamic products and...
Kuwait’s new draft law to set up Shariah board for banking supervision
All 36 MPs have voted unanimously in favour of the draft law...
Malaysia’s Maybank launches instant business account facility for SMEs
Now businesses can open a conventional or an Islamic business account through...
Islamic banking sector in Turkey set for quick expansion
Since 2014, the Turkey has established three new government-controlled Islamic banks that...
ADIB funds $80 million Sharia-adhering facility to Oman Shipping Company
OSC will invest the funds from this Ijara facility in purchasing very...